Examples of Eligible surplus lines insurer in a sentence
The entity controls in any manner the election of a majority of the16 directors or trustees of the other entity.17 (3) "Eligible surplus lines insurer" means a nonadmitted insurer with which a18 surplus lines licensee may place surplus lines insurance under19 G.S. 58-21-20.20 (4) "Export" means to place surplus lines insurance with a nonadmitted insurer.21 (5) "Nonadmitted insurer" means an insurer not licensed to do an insurance22 business in this State.
And an alien insurer is one that is domiciled in another country, like a Lloyd’s Syndicate Eligible surplus lines insurer.
In this chapter:(1) "Eligible surplus lines insurer" means an insurer that is not an authorized insurer, but that is eligible under Subchapter B, in which surplus lines insurance is placed or may be placed under this chapter.(2) "Stamping office" means the Surplus Lines Stamping Office of Texas.
The entity controls in any manner the election of a majority of the7 directors or trustees of the other entity.8 (3) "Eligible surplus lines insurer" means a nonadmitted insurer with which a9 surplus lines licensee may place surplus lines insurance under10 G.S. 58-21-20.11 (4) "Export" means to place surplus lines insurance with a nonadmitted insurer.12 (5) "Nonadmitted insurer" means an insurer not licensed to do an insurance13 business in this State.
Section 981.002(4), Insurance Code, is amended 1-25 to read as follows:1-26 (4) "Eligible surplus lines insurer" means an insurer 1-27 that is not an authorized insurer, but that is eligible under 1-28 Subchapter B or B-1, in which surplus lines insurance is placed or 1-29 may be placed under this chapter.1-30 SECTION 3.